The new January OPEC Monthly Oil Market Report is out with crude only production numbers for January 2017. All charts are in thousand barrels per day. OPEC crude oil production dropped to 32,139,000 bpd in January. November production was revised upward by 68,000 … Continue reading
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The new January OPEC Monthly Oil Market Report is out with crude only production numbers for December 2016. All charts are in thousand barrels per day. Indonesia has left OPEC so they are now down to 13 nations. The Indonesia historical data has … Continue reading
All charts are through February 2016 The OPEC Monthly Oil Market Report just came out. The charts are “Crude Only” production and do not reflect condensate production. Also the charts, except for Libya, are not zero based. I chose to amplify the … Continue reading
The OPEC Monthly Oil Market Report is out. OPEC took a hit in December, down 205,000 barrels per day. After examining the past and present production numbers, I believe that OPEC, except Iran, has peaked. That is, the combined production from all the … Continue reading
The Bakken and North Dakota production data for October is out. The Numbers a little surprising. Bakken production was up 7,520 barrels per day to 1,113,930 bpd while all North Dakota was up 6,787 bpd to 1,168,950 bpd.